The two colonies also had economic differences. The Chesapeake economy revolved around the tobacco industry, which eventually paved the way for other industries as well. Slave trade relied fully on the tobacco plantation owners
It seems from a broader point of view that the North has gone through so much just for the Southern states of America to exist. It only makes sense that Northern leaders would feel angry and betrayed by hearing that those states that they have worked so hard to establish now want their own sense of independence. At the same time however, the South had more of a need for slaves than the north did. The agricultural part of the South employed slaves to tend the large plantations and perform other duties. Slavery was a natural part of the Southern economy even though very few of the population actually owned slaves.
From Document 2, it shows that the South relies on slavery for their economy. According to Document 3, some people in the South, such as Hinton Helper, did not like that, and thought their economy was weak. The North, according to Document 2, had a better economy and made about $1,345,000,000 more yearly in manufactured goods than the South. The South required more and more slaves in order to keep their economy running. Plantations were a big part of the economy in the South because that’s where they grew their cotton, and without slaves, the plantations would die.
High birth rates and heavy immigration bespoke easily available land, widely distributed among the farming population. The colonists' dispersion and ethnic diversity helped produce the fragmentation and political instability that became pronounced as populations spread westward after the French and Indian War (known in Britain as the Seven Years' War). The easy availability of land weakened American elites; lacking the ability to live off rents, gentlemen also lacked a secure economic and political base. The southern colonies had stable aristocracies, based on slave ownership; but even the greatest planters lived in fear of slave rebellions. Nor did colonial institutions create stability: governments were small, poor, unbureaucratized, and lacked permanent constabularies; neither a unified market economy nor a
For example, Mexico and Peru who had incorporated slaves as primary agricultural labor force had a less common slavery rate than Portugal/Spain did in Cuba and Portugal in Brazil. Main reasons included the gold and silver mining were abundant around this two empires; also agricultural surplus were massive than tropical export agricultural found in Brazil at the time before African slaves arrived to brazil. In addition, commercial political regulation and troublesome fleet system limited access to European consumers and additional potential profits. Concisely, african slave trade provided labor power that develop plantations around the Equatorial region and Caribbean. In order areas it was a supplement to labor for a declining indigenous population.
The Massachusetts Bay colony and Virginia colony had an economic structure that differed in several ways. First, how the slaves were used in contrasting ways in the Massachusetts Bay and Virginia to benefit the revenue of recourses, and the differences in time of abolishment of slavery over the proceeding centuries. With the use of indentured servants in Virginia dwindling, slaves became the priority choice for labor work on plantations, toiling in fields with exhausting work and extremely high mortality rates; while on the other hand, slaves in the North and Massachusetts Bay had a much easier lifestyle consisting of house work and light farming. Secondly, because of the rocky and more or less inhospitable landscape for large scale farming in the Massachusetts Bay area, the main sources of income revolved around fishing, furs, and shipbuilding, small crop farming was viable as
(DOC E) By doing so, this allowed ratification and successful land policies for frontiers. Even though the article was able to set up a national government that the states could agree upon, the powers given to it were inadequate. The Articles of Confederation had problems settling and fixing their poor economic situation. The nation was put under heavy debt from the Revolution and taxation of imports and exports. Since the government could not set up a national currency, and states were allowed to make their own, this caused trade between states to be very difficult.
So this was also a key factor in the expansion of the slave trade. The profitability of the slave trade was enormous for any job involved especially people like merchants, bankers and financiers who were very keen to invest in the development of plantations, purchase of slaves and in the building of ships to carry the slaves and goods since they made such huge profits on their original investment. But also the plantation owners who did not have to pay for the labour as the slaves obviously were forced to work with no pay could profit from this. Of course, the slaves, however, did not profit from this at all. At this time there was a need for a labour force to work the lucrative plantations and so this was the basis on which the slave trade was formed.
Slaves were the support system of their owners. Some believe the evolution of slavery in the US was divided into three stages: development, high profit, and decadent. In the developmental stage the slaves cleared the land for planting and built the roads and dams essential for plantations. In the second, high profit stage, slaves were driven to plant, cultivate and harvest for market. The plantations masters thought it was “cheaper to buy than to breed” meaning it was cheaper to buy a new slave and work him to death than it was to allow a slave to live long enough and bear children to increase numbers.
Colonists in Virginia were more concerned about wealth than they were with surviving and learning how to live off of the land. John Rolfe discovered a strain of tobacco leaf that sold well England, but there were still very few settlers willing to take the responsibility to start plantations and labor in the abundance of fields. Indentured servants became the first solution to this problem. Poor, lower